BIDC’s Bid To Boost Export Business

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The Barbados Investment and Development Corporation (BIDC) has launched Accelerate 20/20, a programme designed to assist 20 high-growth local companies to increase their exports, and help reduce the island’s dependency on importation. Minister of International Business and Industry, Ronald Toppin, unveiled the initiative on Wednesday at Bagnall’s Point Gallery, Pelican Craft Centre, Princess Alice Highway, St. Michael. He said that …

Special Assistance For Manufacturing Sector

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Minister of International Business and Industry, Ronald Toppin, has confirmed that government will continue to provide targeted assistance to the manufacturing sector. This, he said, would be done through the Special Technical Assistance Programme, which is administered by the Barbados Investment and Development Corporation. Minister Toppin was speaking at the launch of BMEX 2019, an annual exposition organized by the …

Minister Toppin: Barbados Is OECD Compliant

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Barbados is no longer under threat of a negative listing by the Organisation for Economic Co-operation and Development (OECD). Minister of International Business and Industry, Ronald Toppin, made this disclosure during an international tax conference with stakeholders in New York on Thursday. Minister Toppin said his Ministry had received confirmation from the OECD that it supports legislative changes enacted by …

BIDC Long Service Employees Recognised

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Long serving staff of the Barbados Investment and Development Corporation (BIDC) were awarded for their commitment during the organization’s Christmas luncheon. Administrative Officer, Ottley Cox-Burrowes, was rewarded for 40 years of service to the company, while Business Development Officer, Coral Taylor, was recognized for her 30 years. Ross Butcher and Sheraldine Brathwaite each received awards for 25 years of service. …

BIDC Must Be A Role Model For Public Sector

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The Barbados Investment and Development Corporation (BIDC) must serve as a role model for public sector agencies. This sentiment was expressed by Minister of International Business and Industry, Ronald Toppin, while addressing the organisation’s recent Christmas luncheon. “The BIDC, by the nature of its mandate, must serve as a role model for public sector agencies – leading in the forefront …

Companies In Barbados Will Not Be Disadvantaged

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Companies in Barbados will not be disadvantaged as the country seeks to become a global hub for business. This assurance has come from Minister of International Business and Industry, Ronald Toppin, in a statement released on Thursday, November 15, which outlined Barbados’ response to the Base Erosion and Profit Shifting (BEPS) initiative. He stated that several legislative changes would be …

Barbados’ Response To BEPS Programme

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Government will be implementing several positive changes to this island’s International Business and Financial Services sector. Minister of International Business and Industry, Ronald Toppin, announced on Thursday, November 15, that the Cabinet of Barbados decided to put the new measures in place to ensure Barbados will be compliant with the Organisation for Economic Cooperation and Development’s (OECD) Base Erosion and …

New Initiatives Coming To Boost Economy

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The Barbados Investment and Development Corporation (BIDC) is about to launch two new initiatives designed to reduce this island’s imports in key areas, increase exports and create high value jobs. This is according to Minister of International Business and Industry, Ronald Toppin, who gave the opening remarks at the third annual Innovate Barbados Conference, at the Lloyd Erskine Sandiford Centre …

Changes Coming To Int’l Business Sector

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Minister of International Business and Industry, Ronald Toppin, will be seeking Cabinet’s approval to implement changes that could transition this island’s international business sector to a global business ethos. He made this disclosure today during the 10th International Business Week’s International Business Conference, which was organized by the Barbados International Business Association at the Lloyd Erskine Sandiford Centre. Some of …

Statement By International Business Minister, Ronald Toppin

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Statement by Minister of International Business and Industry, Ronald Toppin Today, representatives of the Ministry of International Business and Industry who are attending the Organization for Economic Cooperation and Development’s (OECD) Forum on Harmful Tax Practices (FHTP) reported positive outcomes on Barbados’ review under the Action 5 of the BEPS Initiative. The Director of International Business had updated the Forum …